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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Stagecoach Group Plc | SGC | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 104.70 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 104.70 | 104.70 |
| Top Posts |
|---|
Posted at 26/7/2022 14:58 by jeffian So what? They've gone. |
Posted at 22/6/2022 09:08 by jeffian It may be an appealing sector but you're never going to benefit from it via SGC as the price is now fixed. Whether you sell now, later, or wait until your shares are forcibly acquired, the price is the same. |
Posted at 25/5/2022 18:15 by jeffian I've had the message from HL. Whatever one thinks about the offer, I don't see that there's much point in holding on now. Yes, having less than 75% restricts what they can do but they're not going to offer you any more however long you wait and they're not going to pay a dividend. You will simply be a minority shareholder. Time to move on, methinks, but interested to hear any arguments for holding on. |
Posted at 16/5/2022 23:54 by leadersoffice The deal as it stands is destined for the shredder. Either DWS revise their all share takeover upwards to get it over the line. This would require a revised timetable i.e..: brief extension. The board of SCG stop plans to recommend the all share offer from DWS via Bidco or we wait for the CMA to report their findings into the merger between NEX & SGC. Not look to wait. Would expect shares to drop to 75 85p should there be no revised offer from DWS. |
Posted at 09/5/2022 12:11 by winston270 It would be nice of DWS have to up their offer to pump SGC price back to pre-Covid levels at least |
Posted at 09/5/2022 12:08 by winston270 I'd missed the RNS stating that DWS had lowered the compuslory purchase level from 75% to 50% + 1 share, hopefully it still won't go through.Kind of makes the ability of SGC shareholders to vote worthless. |
Posted at 05/5/2022 13:45 by winston270 The DWS cash offer doesn't even put SGC shares back to pre Covid 2020 crash, I suspect a lot would be selling out at a loss if the accepted the offer.I don't they can lower the 75% threshold for compulsory purchase. |
Posted at 26/4/2022 11:15 by winston270 If DWS get the 75% majority, your SGC shares will be compuslory purchased at 105p even if you voted against.In the unlikely event the NX deal goes ahead, it will just be a share swap. |
Posted at 26/4/2022 09:53 by winston270 Interesting that the SGC shareprice is consistently above DWS 105p/Share Offer |
Posted at 21/9/2021 07:40 by american idiot BUZZ – National Express, rival operator Stagecoach jump on potential deal2021-09-21 08:36:11 * Shares of British transport company National Express rise 5.4% at 235 pence, while its peer Stagecoach Group jumps 18.2% to 79.94 pence * NEX is the biggest gainer in the UK mid-cap index and SGC tops the London's small-cap index * NEX is in talks to acquire rival operator Stagecoach Group in an all-share deal, which would result in cost savings and provide new growth opportunities for the companies ... * Under the terms of the potential takeover, SGC shareholders would receive 0.36 new NEX shares for each SGC share, giving them a 25% stake in the merged group * It would value SGC at about 445 mln pounds ($609 mln), representing an 18% premium on the closing price of its shares on Monday * SGC on track for best day since November 2020 * Liberum is cautious on the merits of the deal; says some disposals would being required to secure Competition and Markets Authority clearance for the deal * Shares of NEX down 6% and SGC down over 8% this year, as of Monday's close |
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